Core Viewpoint - The company expects a significant reduction in net loss from approximately HKD 25.5 million for the six months ending June 30, 2024, to between HKD 2 million and HKD 6 million for the six months ending June 30, 2025 [1] Financial Performance - The anticipated decrease in net loss is attributed to several factors, including increased self-operated sales incentives, reduced discounts, and a focus on higher-margin products, which have collectively contributed to an increase in gross profit [1] - The company has recognized a benefit of approximately HKD 13.9 million from the early termination of a lease agreement [1] - Ongoing cost-cutting measures are also contributing to the expected improvement in financial performance [1]

Group 1 - The company expects a post-tax loss of approximately HKD 60 million for the six months ending June 30, 2025, an improvement from a post-tax loss of HKD 86 million for the same period last year [1] Group 2 - The estimated reduction in post-tax loss is primarily due to the high fashion retail business achieving an operating profit of approximately HKD 7 million, a significant improvement of HKD 59 million compared to an operating loss of HKD 52 million in the same period last year [2] - The turnaround to profitability in the high fashion retail segment is attributed to the introduction of franchise stores for a rapidly growing brand, enhancing growth and profitability [2] - The sportswear production business incurred an operating loss of approximately HKD 19 million, compared to an operating profit of HKD 1 million in the same period last year, partially offsetting the positive impact from the high fashion retail segment [2] - The operating loss in the sportswear segment is mainly due to issues with raw materials at the company's Southeast Asian production facilities, leading to higher-than-expected production and transportation costs [2]